Investment Banking Associate – TMT Group

Job Description

GBM – Private – Investment Banking Associate, TMT (Digital Infrastructure) – New York | Goldman Sachs

The Tone:
This is a full-time role at Goldman Sachs, located in New York, New York. Goldman Sachs is a leading global investment banking, securities, and investment management firm, founded in 1869, with offices around the world. Investment banking works on complex financial challenges and transactions, including advising on mergers, providing financial solutions for acquisitions, and structuring initial public offerings. This role is vital as Associates participate in advisory teams and contribute to structuring and executing financial transactions that help clients at major milestones.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person, New York, NY
• Pay: $150000–$225000 yearly
• Team: TMT (Technology, Media and Telecom) Group advises clients in the technology, media, and telecom sectors.
• Mission: This person solves complex financial challenges for clients in the Technology, Media, and Telecom sectors by structuring and executing a range of financial transactions.

What You’ll Actually Do
• Presentations: Develop presentations and reports using industry research, mathematical models, and statistical techniques for TMT clients on topics such as strategic alternatives, capital markets activities, equity positioning, and corporate governance.
• Analyses: Perform comprehensive analyses of financial transactions including pro forma merger scenarios, leveraged buyouts, public listings, and financing alternatives using discounted cash flow, sum of the parts, public comparables, and precedent transactions analyses.
• Advice: Analyze accounting and regulatory statements, debt and equity filings and documents, financial projections, and models for clients to provide financial and economic advice.
• Deal Execution: Support live deal execution in the TMT sector, including due diligence processes, drafting legal documents with lawyers and potential buyers, organizing and attending roadshows, and liaising with other investment banks and parties.
• Client Interaction: Interact with client management teams and working groups to execute projects, provide updates, and advice, while also supporting client dialogue by liaising with senior bankers and product experts throughout the firm.

The Must-Haves
• Background: Bachelor’s degree with at least 3-6 years of work experience or an MBA degree with relevant experience, with core domain knowledge in Investment Banking.
• Experience: Significant investment banking experience required, including experience with buy-side and sell-side M&A, equity and debt financing transactions, due-diligence, and transaction execution processes.
• Skills: Strong financial modeling skills, financial valuation experience with knowledge of DCF, LBO, merger modeling, comparable companies, and precedent transactions, and excellent communication and presentation skills.
• Bonus: Experience in the Technology / TMT sector is preferred, along with the ability to develop into a senior TMT investment banking professional.